June 08, 2011 02:47:33pm
Re: Furthur 'pay per view' Experiments @ TRI Studios 06/07/11
"I wish Bob good luck with his "experiment," though."
How bout that; a complement paid to Weir at the GD Forum, haven't read one of those since reviews of Weir's guitar playing in Europe of 1972.
And yes, this particular SF Gate article linked appeared to be well prepared and resonated with reasonable journalistic integrity.
Someone recently posted that the audience's at Furthur, Phil and Friends and Ratdog shows are not necessarily comprised of baby boomers. For that matter not even attended by the children of baby boomers. There is an entire new generation rising up and perhaps the legacy of "Grateful Dead" music is the perfect tonic for the soon-to-be tumultous times.
It's a general rule of thumb that investors will risk @ 10% of their net worth on somewhat risky propositions. But in this specific case the down side is minimal, because even if it doesn't make money there are corporate LLC tax advantages of an investment losing money.
Further, many moons from now, it will eventually be passed on to his heirs and unless the government changes the inheritance tax law in California, or Weir was careless enough not to create a living trust (which i seriously doubt) after the horrible Garcia estate wars, with the names such as "Weir" and the "Grateful Dead" attached to it this building will always command a handsome ransom in terms of resale.
I mean if the owner of the Indianapolis Colts was willing to pay some $900,000 for Jerrys "Tiger" guitar this facility would certainly be a more substantial investment, yes?
My hope for Bob is that he can bring-in enough new and interesting talent to create a desire on behalf of the music enthusiast's of the world to want to tune-in, watch and listen.
Ever notice Hollywood actors after a few successes seem to aspire to the role of director and producer? I believe he's paid enough dues over the years to assume those positions and earn the luxury of sleeping at home as compared to a bus.
This post was modified by dark.starz on 2011-06-08 21:47:33